PR Newswire | Aug 18, 2021 08:01PM EDT

Long Term Investors Encouraged to Contact the Firm

08/18 19:01 CDT

SCHW Alert: Johnson Fistel Continues its Investigation into Charles Schwab - Long Term Investors Encouraged to Contact the Firm SAN DIEGO, Aug. 18, 2021

SAN DIEGO, Aug. 18, 2021 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against The Charles Schwab Corporation (NYSE: SCHW) ("Charles Schwab" or the "Company") for violations of federal securities laws and potentially related corporate mismanagement.

On July 2, 2021, Charles Schwab said it will take a $200 million charge in the second quarter related to a U.S. Securities and Exchange Commission probe of its robo-adviser platform. The compliance inquiry relates to past disclosures around the firm's Schwab Intelligent Portfolios product.

If you have information that could assist in this investigation, or if you are aCharles Schwab shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:Johnson Fistel, LLPJim Baker, 619-814-4471 jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP